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    International Business Study Set 6
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    Exam 5: Theories of International Trade and Investment
  5. Question
    According to the Absolute Advantage Principle, National Prosperity Is the Result
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According to the Absolute Advantage Principle, National Prosperity Is the Result

Question 19

Question 19

True/False

According to the absolute advantage principle, national prosperity is the result of a positive balance of trade, achieved by maximizing exports and minimizing imports.

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